Hello Everyone.
I have been doing some research on IP addresses and how it can affect your prop firm challenge or funded account.
When you use a trade copier, your trades are being executed from the IP address that your trade copier is working on. If you are or have been using Traders Connect, you will be using their IP address. On their site, they say that the IP addresses are dedicated. Now you would be led to believe that the IP address your copier was on was dedicated to you, but that is not the case. I messaged them on Saturday and asked them if the IP address was dedicated, or if it was shared or if it was dynamic (changed at all). This is an important considerations for some prop firms and you should really check their IP address policy. This is what they said: -
"The IP will not randomly change, but it will be shared with other users"
So, this means that if you have been using Traders Connect and you have not been flagged for using a shared IP address, then this logically means you can also use the Duplikium service that also uses a static shared IP address. The cost for the static shared IP is β¬2 per account. However, by default, when you order your copiers from Duplikium, you get the STD free IP attribution which is a shared dynamic IP address which does change.
You will need to check if your prop firm is OK with this. It probably will be, but I know of some that won't be.
Looking at FTMO's IP policy, they say that shared dynamic or shared static IP addresses are acceptable. However, looking in to the IP address issue is going down a rabbit hole with ambiguous detail. For example, FTMO don't allow IP addresses that mask your location, but if the trade copier IP address location is in Germany and you are in the US, then the trade copier address will be masking your location, which is against their rules.
Whether or not FTMO or any other prop firm actually monitors at this level, I am not sure.
I did message Duplikium and went in to detail about IP addresses and asked them if they were aware of any users having IP issues with their prop firms as a result of using Duplikium. This is what they said: -
At our knowledge you can use our Trade Copier (Duplikium) with prop firm offering funding account, many customers are using them with us without any issue.
Also, it depends on your prop firm rules like the following:
1. If they require dedicated/static IP - Our IP Attribution allows you to select to have dedicated static IP per account or shared dedicated IP with all of your accounts
2. If they require static 'computer ID' - We have our Dedicated Server add-on
3. If they require specific location - With Paid Plan, you have the option to select specific Server Location available.
4. If they allow EA trading, copied trades from master/s to slave/s through our platform will looked/tagged to be placed by a Signal Expert(EA) with an Expert ID.
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